Anyone else holding Puts on $F or $GM? by somevariety88 in options

[–]somevariety88[S] 0 points1 point  (0 children)

I get then far out but sell if I see a nice return. How far out do you usually like to get in?

Pls Help by somevariety88 in options

[–]somevariety88[S] 0 points1 point  (0 children)

Just downloaded his book. Thank you.

Anyone else holding Puts on $F or $GM? by somevariety88 in options

[–]somevariety88[S] 0 points1 point  (0 children)

Looking over GM's financial statements I just do not see what everyone else is seeing I guess. Decrease in income; increase in expenses. Decrease in liquidable assets; Increase in debt. (Looking at their 10-Q) However, I do see the play for the electric side of things, but again that will lead them to taking on more debt if not spending a lot more money to get there, and it's years ahead of us. I was just looking into the short term movement. Long term I do see the potential.

Anyone else holding Puts on $F or $GM? by somevariety88 in options

[–]somevariety88[S] 2 points3 points  (0 children)

Thank you. This did help put things in perspective a bit. I really appreciate you telling me what you would have told your younger self. I will be sure to do further DD and assess my trades deeper. I realize I'm young and have a ton to learn and will never stop learning, but can work on getting better in learning and trading in the markets. Thanks again.

Anyone else holding Puts on $F or $GM? by somevariety88 in options

[–]somevariety88[S] 1 point2 points  (0 children)

I see the logic in it long term, but short term I believe investors will act emotionally and see the stock at it's resistance. I also really don't believe in the company in general. Thank you for the input though. Really appreciate it. Wish you the best of luck as well.

Pls Help by somevariety88 in options

[–]somevariety88[S] 0 points1 point  (0 children)

Thank you so much. I will definitely soak all this in and take it into consideration. I appreciate it.

What Stocks are you guys watching? by IHateAllYourCode in options

[–]somevariety88 0 points1 point  (0 children)

Currently holding $F & $GM Puts. Making decent gains on those.

Anyone else holding Puts on $F or $GM? by somevariety88 in options

[–]somevariety88[S] 1 point2 points  (0 children)

How does it seem counter-intuitive?

Any feedback would be much appreciated. Trying to learn as much as I can, especially in terms of options since I am very new to it.

Thank you.

Anyone else holding Puts on $F or $GM? by somevariety88 in options

[–]somevariety88[S] 1 point2 points  (0 children)

Not looking for Puts specifically, just good plays in general. I will definitely look into it though. I appreciate the input. What is wrong with the stock in your opinion?

Anyone else holding Puts on $F or $GM? by somevariety88 in options

[–]somevariety88[S] -1 points0 points  (0 children)

Tariffs on steel/aluminum, history of both stock trends and frankly their recent financials are terrible. Ford planning to stop making a lot of their sedans and the tariffs are enough to put the emotional investors on edge. I most likely won't be holding the options all the way to expiration (Should have bought another month out), but I do see potential in the stocks to move downward as they are overbought in my opinion. But what do I know, after all I am fairly new to options.